Uzbek Stock Market: Uzbekcoal Shares Surge 76% in a Week
On the Republican Stock Exchange «Tashkent» (RSE), shares of Uzbekcoal (Uzbekugol) posted the strongest growth between June 12 and June 19, rising from 9,100 soums to 15,998.98 soums, an increase of 75.81%. During the same period, the UCI stock index fell by 2.3%.
At the same time, the biggest decline was recorded by shares of Kashkadarya Technological Transport, which dropped by 10.03%. According to the stock exchange, the company’s shares fell from 289 soums on June 12 to 260.01 soums on June 19, marking the steepest decline among the securities included in the review.
Shares of Kvarts also declined significantly during the week. Their price fell from 2,537.48 soums to 2,308.5 soums, a decrease of 9.02%. Shares of Uzbekgeofizika dropped from 980 soums to 900 soums, down 8.16%.
In addition, shares of Uzbekneftegaz declined from 2,949.99 soums to 2,750 soums, a drop of 6.78%. Ordinary shares of Aloqabank fell by 6.38%, while its preferred shares lost 6.29%.
Several issuers, however, recorded gains. The strongest performance came from Uzbekcoal, whose shares climbed from 9,100 soums to 15,998.98 soums, up 75.81%.
Shares of the Almalyk Mining and Metallurgical Combine (AMMC) also showed positive momentum, rising from 16,110 soums to 16,700 soums, an increase of 3.66%. Shares of Uzbekiston Pochtasi (Uzbekistan Post) gained 3.12%, while Agrobank’s preferred shares rose by 2.66%.
